
20 November 2024 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

22 November 2024 | 92 replies
However, the percentage varies based on factors like location, property age, condition, and expenses such as taxes, insurance, and interest rates.

18 November 2024 | 3 replies
And boasts 24/7 answering service.Anyone have any other companies that sell custom sized windows for DIYer/ contractors?

20 November 2024 | 12 replies
I ran the numbers and it looks like our house would not cash flow (between $0 to -$300 /mo) as a rental, mostly due to the astronomical property tax and insurance rates.

26 November 2024 | 44 replies
There will be title issues, probate issues, original seller not willing to close issues, appraisal issues, hard money lender issues, family says grandma not in her right mind to sell at 50% discount issues, termite issues, foundation issues, structural issues, can't get insurance issues, I don't have any money to move out issues, or a whole host of other problems.Well...every now and then you find someone that wants to dump one and it is a clean deal and they think because they are not using a realtor, they're saving 6%.

21 November 2024 | 10 replies
I've seen landlords held hostage for years by tenants who know how to manipulate the law.On the other hand, sitting vacant costs you the mortgage, taxes, utilities, insurance, lawncare, and other expenses.

27 November 2024 | 16 replies
Throw in some extra costs like moving expenses, professional photos (a cost the STR PM may also need to pay depending on the quality of the existing photos), renter's and lessor's insurance and a listing on furnishedfinder to round out some of the start-up costs.

20 November 2024 | 2 replies
Why wouldn’t you get an umbrella insurance policy instead?

21 November 2024 | 12 replies
Wholesalers typically do not carry Errors and Omissions (E/O) insurance, so even if the court rules in your favor, they might not have the financial means to compensate you.Furthermore, ensure that a reputable title company handles the transaction, as some companies may cut corners.

20 November 2024 | 18 replies
Do you think your insurance policy will cover you on any liability when they find out you are not running a legal operation?